Is there another Coastside Developer/Property Manager that would be interested in building houses on Beachwood property??
This entry was posted on 7/3/2008 2:23 PM and is filed under Environmental.
The Beachwood Development / AB 1991 was sent back to the "rules Committee" of the California State Senate for amendments to meet the requests of all agencies involved.
It would appear that the rules committee will attempt to enhance the "value" of the Beachwood property (number of houses allowed to be built??) to increase its value.
The present developer may choose the 18 million dollar payout by the city of Half Moon BAy (down from the 41 million dollar awarded the developer in Federal Court).
Note: Beachwood development would provide a traffic signal at Bay View and Highway 1 for possible access to Pacific Ridge/Ailanto Property.
For the City of Half Moon Bay to recover some of the 18 million dollar payout -
is there a developer/property manager that has the skill and ability to work with the various agencies/organizations to Do It!?
Mr Keenan has suggested "only someone who has had a "lobotomy" would be interested...but I think there does exist a firm that is doing development on the coast with proven capability of "conflict resolution" between the various group "visions" for land development.
The question is, Do they have the "appetite" to do it?
Jerry Steinberg
July 3, 2008
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